HealthcareSource Announces another Record-Breaking Year of Financial Performance

HealthcareSource(R), the leading provider of talent management solutions for the healthcare industry, announced today that it achieved record results in the fiscal year 2013.

U.S. GAAP revenue for 2013 grew by more than 30% and GAAP EBITDA increased 60% compared to 2012. The company added more than 130 new healthcare organizations to its client list of 2,300 hospitals and health systems, and hundreds of existing clients purchased additional products from the company. These results reinforce the market need for talent management software solutions and validate the strength of the HealthcareSource Quality Talent Suite(TM).

“As the healthcare industry continues to evolve, it’s increasingly important to focus on the impact talent management solutions can have on both the patient experience and the business of healthcare,” said Peter Segall, president and CEO of HealthcareSource. “Hiring the right people, training them to be successful, improving employee retention, and demonstrating competencies and compliance can all be accomplished when there is a commitment across the organization. HealthcareSource’s continued record performance in 2013 proves that talent management software solutions address these challenges and help healthcare organizations achieve these goals.”

New customers signed in 2013 include:

Abilities First, Access Home Care & Hospice, ArchCare at Calvary Hospital, Ardent Health Services – Lovelace & Hillcrest, Avalon Health Care, Baptist Medical Center, Boys Town National Research Hospital, Brightview Senior Living, Capital Regional Medical Center, Care New England VNA, Cascade Medical Center, Cascade Park Communities, Catholic Care Center, Centers For Dialysis Care, Inc.., Chapters Health System, Inc.., Charlotte Hungerford Hospital, Christ Hospital, Coffey County Hospital, CompleteRx, Crawford Memorial Hospital, Crescent City Physicians, Davis Memorial Hospital, Doctors Hospital of Augusta, East Liverpool City Hospital, Fairview Park Hospital, Family Health Center, Family Health Center of San Diego, Frances Mahon Deaconess Hospital, Franciscan St. Francis Health, Franklin Mint Federal Credit Union, Fresno Heart & Surgical Hospital, Fundamental Long Term Care Inc., Garden City Hospital, Inc., Genesis Behavioral Health, George Washington University Hospital, Glendive Medical Center, Harrington Memorial Hospital, Health Partners New England, HHA Services, Hospital for Special Care, Iowa Health Home Care, Iowa Health Physicians, Immanuel Pathways, Infinity Homecare, Jerome Home, Judson Retirement Community, KidsPeace Children’s Hospital, Lahey Health System, Lake City Medical Center, Lompoc Valley Medical Center, Long Valley Health Center, Lutheran HealthCare, Lutheran Social Services of South Central Pennsylvania, Maine Medical Partners, Martha & Mary Health Services, McBride Clinic Orthopedic Hospital, MedHealth, Medical Center Barbour, Meeker Memorial Hospital, Memorial Hospital, Memorial Hospital Jacksonville, Menninger Clinic, Mennonite Village, Mercer Health, Messiah Lifeways, Michigan Works! – Calhoun County, Montefiore Medical Center, Muskegon Family Care, Metro Community Provider Network, Mount Ascutney Hospital & Health Center, Mount Sinai Hospital, National Church Residences, NeuroCare Home Health, Northeast Rehabilitation Health Network, Northwestern Medical Center, Oakmont Senior Communities , Oklahoma Methodist Manor Inc., Pentec Health, Petaluma Health Center, Porter Hills Health Center, Presbyterian Communities and Services, Presbyterian SeniorCare, Resolute Health, Retirement Unlimited, Inc.., Richard J. Caron Foundation, Inc., Ridgeview Medical Center, Rivervalley Consulting Services, Rush University Medical Center, Sandford Health, Shriners Hospitals for Children St. Louis, Sonoma Valley Hospital, Spectrum Retirement, St. Agnes Home, St. Ignatius Nursing Home, St. John’s Lutheran Hospital, Swisher Memorial Hospital, Tallahassee Memorial HealthCare, Tec-Med Solutions Inc., Thompson Health, UnityPoint Clinic, UnityPoint Health – Story Medical, University General Hospital, Valley Med Flight, Vetter Health Services, Virginia Baptist Homes, Virginia Premier Health Plan, Walnut Hill Physicians’ Hospital, Westminster – Canterbury on Chesapeake Bay, YMCA of Greater Louisville.

Additional HealthcareSource 2013 corporate highlights include recognition from KLAS, Inc., Modern Healthcare, and Deloitte:
– HealthcareSource Ranks #1 in Overall Vendor Performance in 2013 KLAS Talent Management Report
– HealthcareSource Named to the 2013 Inc. 500|5000 with Three-Year Sales Growth of 30%
– HealthcareSource Ranked Number 26 in Modern Healthcare’s “Healthcare’s Hottest” Recognition Program
– HealthcareSource Ranked Among Fastest Growing Companies in North America on Deloitte’s 2013 Technology Fast 500

HealthcareSource 2013 customer recognition includes Brandon Hall Excellence Awards, better HCAHPS scores and two successful customer conferences:
– HealthcareSource Wins Three Brandon Hall Excellence Awards
– HealthcareSource User Conferences Deliver Education, Training, and Networking to More than 300 Attendees
– HealthcareSource NetLearning Clients Score Better than Peers across All HCAHPS Measures
Hospitals, health systems, long term care and specialty care organizations across the United States select HealthcareSource Position Manager(R), Performance Manager(R), Staff AssessmentSM, Reference AssessmentSM, NetLearning(R) and the eLearning LibrarySM to recruit and retain quality talent.

About HealthcareSource
With more than 2,300 healthcare clients, HealthcareSource is the leading provider of talent management software for the healthcare industry. The HealthcareSource Quality Talent SuiteSM helps healthcare organizations acquire, develop and retain the best workforce possible, in order to improve the patient and resident experience. The company’s cloud-based talent management solutions include applicant tracking, behavioral assessments, reference checking, employee performance, compensation, competency and learning management, and eLearning courseware. A private company focused exclusively on the healthcare industry, HealthcareSource consistently earns high marks for client satisfaction and retention. KLAS Research recently named HealthcareSource a category leader for Talent Management for the third consecutive year, in addition to recognition from Modern Healthcare’s “Healthcare’s Hottest,” Inc. 500|5000, and Deloitte Technology Fast 500. To learn more about the benefits of automated talent management visit: